Gulf carriers drive recovery, yet airfreight rates stay stubbornly high
Global air cargo markets are showing increasing signs of stability, with Gulf carriers rapidly rebuilding ...
The headline figures suggest the liner industry is set for a bruising freight rate war over the course of 2027 and 2028, with a huge amount of new vessel capacity set to be delivered into a macroeconomic environment in which it is almost impossible to conceive won’t result in significant overcapacity.
This is the result of two distinct periods of frenzied ordering by carriers and, to a lesser extent, owners. First during the pandemic boom, when the sudden surge in volumes ...
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